The Departments of Economics and Mathematics jointly offer a BA in Mathematical Economics.  Mathematical economics is the application of advanced mathematical methods to microeconomics and macroeconomics. Students will participate in a rigorous course of study in mathematics, economics, and the interaction between these two disciplines.

Degree Requirements

Students must complete 120 credits in course work including satisfaction of the University General Education Requirements and the College of Liberal Arts and Sciences Group Requirements, as well as the major requirements cited below. All course work must be completed in accordance with the academic procedures of the University and the College governing undergraduate scholarship and degrees.


Minimum Grade Requirements


A grade of ‘C-’ or better must be achieved in each MAT and ECO course applied towards the degree requirements. Students must obtain a grade point average of 2.0 or higher in all MAT and ECO courses combined.


Writing Proficiency/Writing Intensive Requirement


Mathematical economics majors must register for ECO 5993, the zero-credit writing-intensive course. All majors must satisfy this requirement, even if they are not subject to the University General Education Requirements.


Mathematics requirements (at least 22 credit hours)

  • MAT 2010 -- Calculus I: Cr. 4
  • MAT 2020 -- Calculus II: Cr. 4
  • MAT 2030 -- Calculus III: Cr. 4
  • MAT 2250 -- Elementary Linear Algebra: Cr. 3
  • MAT 5700  -- Introduction to Probability Theory: Cr. 4
  • One additional MAT course numbered above 5000 (excluding MAT 5005, 5120, 5130, 5180, 5190, 6130, 6150, 6170, 6180, and 6200).  MAT 5700 may not be applied to this requirement.


Economics requirements (at least 24 credit hours)

  • ECO 2010 -- Principles of Microeconomics: Cr. 4
  • ECO 2020 -- Principles of Macroeconomics: Cr. 4
  • ECO 5000 -- Intermediate Microeconomics: Cr. 4
  • ECO 5050 -- Intermediate Macroeconomics: Cr. 4
  • ECO 6000 -- Price and Allocation Theory: Cr. 4
  • One of the following: ECO 5020, ECO 5030, ECO 5100, ECO 5250, ECO 5270, ECO 5300, ECO 5460, ECO 5500, ECO 5700, or ECO 6100.


Recommended courses


One of the following is recommended for the mathematics elective course:

  • MAT 5030: Statistical Computing and Data Analysis. Cr. 3
  • MAT 5100: Numerical Methods I. Cr. 3
  • MAT 5210: Advanced Calculus. Cr. 4
  • MAT 5220: Partial Differential Equations. Cr. 4
  • MAT 5230: Complex Variables and Applications. Cr. 4
  • MAT 5280: Methods of Differential Equations. Cr. 3
  • MAT 5710: Introduction to Stochastic Processes. Cr. 3
  • MAT 5770: Mathematical Models in Operations Research. Cr. 3
  • MAT 5800: Introduction to Mathematical Statistics. Cr. 4
  • MAT 5870: Methods of Optimization. Cr. 3


Students who intend to pursue a career in actuarial sciences or a graduate career in economics are encouraged to take additional mathematics and economics courses.  Recommended mathematics courses are any of the above MAT courses, plus MAT 2150.  Recommended economics courses are any of the above ECO courses, plus ECO 5310.

 

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